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Thai floods results in rising hard drive prices

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Component manufacturer serves 80 per cent of market

Hard drive prices have already begun to rise as analysts warn of significant shortages following floods in Thailand which have disrupted a number of manufacturers.

Thailand is the world’s second largest exporter of hard drives and both WD and Toshiba have stopped hard drive shipments due to their factories being affected.

We have seen prices more than double in the last 24 hours, as suppliers stock starts to fall and they are unable to replenish these stocks.  No doubt PC suppliers and other component suppliers will jump  on the price increase band wagon!

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